A Mumbai-based company, FA Airlines, is poised to acquire flybig (FLG, Indore), with India’s Economic Times reporting that the two partners had inked a provisional merger agreement. The deal would see flybig’s now three-strong fleet expand to around 20 aircraft.

Indian company records show FA Airlines Private Limited was incorporated in June 2022 with a paid-up capital of INR1 million rupees (USD12,000). Its two directors are Santosh Bhartiya and Fauzia Arshi. The Economic Times names Arshi as managing director. Arshi and Bhartiya also…

Source: ch aviation
Read more: India's flybig to expand with new investor – report